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  #41  
Old 08-22-2006, 03:38 PM
AZK AZK is offline
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Join Date: Dec 2003
Location: medical school
Posts: 6,450
Default Re: paying taxes

[ QUOTE ]
Do something good for your community and open up some churches.

[/ QUOTE ]

lol! just what the US needs. More religious idiots.
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  #42  
Old 08-22-2006, 03:50 PM
IRV IRV is offline
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Join Date: Sep 2004
Location: Get RICH or DIE Trying
Posts: 1,047
Default Re: paying taxes

[ QUOTE ]
[ QUOTE ]
Do something good for your community and open up some churches.

[/ QUOTE ]

lol! just what the US needs. More religious idiots.

[/ QUOTE ]

lol! Just what we need is another doctor-wannabee poker playa. [img]/images/graemlins/smile.gif[/img]
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  #43  
Old 08-22-2006, 03:53 PM
captZEEbo captZEEbo is offline
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Join Date: Sep 2004
Location: blog: Oct 23- Diary MD-pt 4
Posts: 6,927
Default Re: paying taxes

[ QUOTE ]
[ QUOTE ]
Do something good for your community and open up some churches.

[/ QUOTE ]

lol! just what the US needs. More religious idiots.

[/ QUOTE ]not all religious people are idiots.
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  #44  
Old 08-22-2006, 04:00 PM
Bill King Bill King is offline
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Join Date: Sep 2005
Location: S.C.I.E.N.C.E.
Posts: 3,305
Default Re: paying taxes

[ QUOTE ]
[ QUOTE ]
Do something good for your community and open up some churches.

[/ QUOTE ]

lol! just what the US needs. More religious idiots.

[/ QUOTE ]
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  #45  
Old 08-22-2006, 04:02 PM
Leptyne Leptyne is offline
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Join Date: Apr 2005
Location: in the cut
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Default Re: paying taxes

[ QUOTE ]
i was under the impression that it was ok if i just reported what earnings that i brought into my US bank account, and didn't have to report earnings that still sit in offshore poker accounts until i bring the money here. is this grossly incorrect?

[/ QUOTE ]

Federal reporting (Treasury, not IRS) is required if you have an offshore account(s) that total >$10K.
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  #46  
Old 08-22-2006, 04:05 PM
TheWorstPlayer TheWorstPlayer is offline
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Join Date: Dec 2004
Location: No longer losing money bluffing
Posts: 19,943
Default Re: paying taxes

[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
Do something good for your community and open up some churches.

[/ QUOTE ]

lol! just what the US needs. More religious idiots.

[/ QUOTE ]not all religious people are idiots.

[/ QUOTE ]
what about ones that go to a church started by Grimstarr?
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  #47  
Old 08-22-2006, 04:06 PM
Leptyne Leptyne is offline
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Join Date: Apr 2005
Location: in the cut
Posts: 1,219
Default Re: paying taxes

[ QUOTE ]
Grim,

If you didnt pay taxes last year, you dont have to pay estimated payments this year.

[/ QUOTE ]

Just flat wrong!
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  #48  
Old 08-22-2006, 04:10 PM
Leptyne Leptyne is offline
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Join Date: Apr 2005
Location: in the cut
Posts: 1,219
Default Re: paying taxes

[ QUOTE ]
Totally wrong, try again

[/ QUOTE ]

It's called "constructive receipt". Do you work for H&R Block? (Not you Parlay)
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  #49  
Old 08-22-2006, 04:13 PM
TheGrifter TheGrifter is offline
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Join Date: Dec 2003
Posts: 2,389
Default Re: paying taxes

[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
Do something good for your community and open up some churches.

[/ QUOTE ]

lol! just what the US needs. More religious idiots.

[/ QUOTE ]not all religious people are idiots.

[/ QUOTE ]

But all idiots are religious people.
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  #50  
Old 08-22-2006, 04:32 PM
okayplayer okayplayer is offline
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Join Date: Sep 2004
Location: Giving You True Beats Since 2004
Posts: 933
Default Re: paying taxes

This topic has been posted about thousands of times (mostly in Internet, and I believe they asked to have them all switched to another forum - finance maybe), so if you search you can find alot of this out, but really, searching the internet and not just 2p2 is your best bet.

But Uncle Sam is a btch and will rape you. I will tell you (from personal experience) that it will be ~40% of your total. You will pretty much have to file as a pro, and you can make alot of deductions (but do your researchbefore you deduct). You will get screwed with the additional ~7.5% or so for social sec. and medicare. But it was wise advice to open a SEP IRA (just invest in an S&P index fund if you don't know what else to invest in). Oh, and moving to a different country (such as KKF), you will have your first 80k tax free, but will still owe taxes on the rest.

The fckin man...
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